Norway’s sovereign fund loses US$124 billion as markets crash
Norway’s sovereign wealth fund, the world’s largest, has lost 1.33 trillion Norwegian crowns (US$124 billion)…
Category: Economics
Banks refuse to loan Norway’s Baltic Sea Properties for projects in Lithuanian regions
Norwegian-owned real estate company Baltic Sea Properties (BSP) says local banks have turned down its request…
Norway’s aluminium cans import cost likely to rise in 2019, but import volume to drop
Norway’s aluminium cans import is estimated to stand down this year to 9,374 tonnes, according…
IMF: Solid growth in Norwegian economy
I am pleased to note that the IMF delegation find Norway’s economic momentum to be…
Axiata and Telenor in talks to merge Asian operations
Two Asian telco giants — Malaysia-based Axiata Group Bhd and Norwegian Telenor Group — are…
Romania gets new contracts, will build cruise ship
SeaDream, a cruise ship to be used on luxury voyages, will be built at the…
Norwegian Cruise Line Announces Ban of Towel Animals, World Mourns
Towel animals, a staple of any respectable cruise ship, will no longer be a daily…
Norwegian firm may invest €1.5bn in electricity generators in Irish Sea
Norwegian utility Statkraft and a partner could spend €1.5 billion building new electricity generators in the Republic.…
Genesta sells office building in Oslo (NO)
Genesta, acting on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II), has divested its…
Flytoget’s new trains have arrived in Norway
Flytoget is set to increase its capacity by 50% and this week the company has…
Norway’s sovereign fund records €50bn investment loss for 2018
Norway’s giant sovereign wealth fund reported a 6.1% loss on its investment portfolio overall for…
Tesla’s Musk visits Norway to review delivery delays
Tesla’s Elon Musk visited Norway to review service in the automaker’s third-biggest global market where…
Norway Oil, Gas Investments to Peak
Total investments in oil and gas in Norway are set for a second annual increase…
Danske Bank offers Google Pay to Norwegian customers
Danske Bank has announced its Danish, Swedish, Norwegian and Finnish customers with an Android phone are…
Kongsberg to integrate SeaProc e-procurement platform
Norway-based fleet management company Kongsberg has announced partnering with iMarine Software to integrate the its SeaProc e-procurement platform. K-Fleet,…
India, Norway agree to collaborate on SDGs, ocean economy
India and Norway on Tuesday agreed to closely collaborate on ocean economy and achieving the…
Ship from Norway first to enter Port of Montreal in 2019
The cargo ship Virginiaborg became the first seagoing ship to enter the limits of Port of…
Norway’s wealth fund buys new Paris property for S$954m
Norway’s sovereign wealth fund bought a retail and office property on Paris’s Champs-Elysees for 613…
Norway’s DNB calls for fintech startups
Norway-based bank DNB and StartupLab have launched an invitation for fintech startups to join their DNB NXT Accelerator. The…
Amazon Executive, Dr. Werner Vogels is coming to Oslo Business Forum this spring
CTO in Amazon, Dr. Werner Vogels, will be the headliner for Oslo Business Forum in…
Future leaders must understand the technological development
Oslo Business Forum’s next conference, Digital Leadership, will be held at X Meeting Point at…
Norwegian Finance targets European banking expansion
Norwegian Finance (NoFi) plans to expand outside of the Nordics and develop banking services in…
Norway firm offers €146m bid to acquire Kotipizza
Norwegian consumer goods conglomerate Orkla is offering to buy the Finnish-owned Kotipizza Group for 23…
Yara appoints new CFO
Lars Røsæg will take up the position of EVP and Chief Financial Officer (CFO) with…
Norwegian startup Memory secures $5 million
Norway-based startup Memory that works on AI-powered time tracking and time management solutions for businesses…